Maldives talking debt restructuring with Beijing, says China ambassador

1 year ago 6
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IMF warned Maldives of high debt distress risk, China discusses debt relief with Male. Chinese ambassador Wang Lixin says debt restructuring may hinder further financial aid from Beijing. China prioritises grants and free aid to prevent Maldives' debt increase. India extends $50 million treasury bill rollover as goodwill gesture to Male govt after special request.
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